ABC reported the following capital structure on December 3, 2015, and the related results of operations for the year then ended:

1)-preferred shares,$6, cumulative, convertible into common shares at the rate of two common shares for each share of preferred; 2,000 shares outstanding all year $200,000

2)- common shares, 30,000 shares outstanding on January 1; 10,000 additional shares issued for cash on September 30,

200,000

3)- income from continuing operations. 195,000

4)- income from discontinued operations- 5,000

5)- Net income - 200,000

Show earnings per share of ABC as it should appear on the income statement of the company for 2015. Show all computations.